Regency Acquires Town Fair Center

Regency Properties, a commercial real estate company specializing in county seat communities, recently acquired Town Fair Center in Bedford, Ind. The 132,277-square-foot shopping center is the second Regency-owned center in Bedford, Ind.

Town Fair Center is located immediately adjacent to Regency’s other property, Bedford Plaza, along State Highway 37. It features regional and national tenants including Dunham’s Sports, JC Penney and Goody’s. This acquisition brings Regency’s total gross leasable area to over 213,700 square feet in Lawrence County.

In addition to facility upgrades, Regency is committed to providing the tenants of Town Fair Center with the excellent customer service that is a hallmark of the company. Regency has won the National Commercial Real Estate Customer Service Award for Excellence three times in the past four years. This prestigious award, given by industry analyst CEL & Associates, recognizes industry leaders in tenant satisfaction.

“We are excited to expand our presence in the Bedford community. Town Fair represents the ideal shopping center for our county seat program,” commented Jeff Howell, Regency’s vice president of acquisitions and business management. “We work hard to keep our centers attractive and well maintained, thereby creating a shopping environment the entire community can enjoy.”